High-Low- Signal (Expo)High-Low-Signal (Expo)
DESCRIPTION
This simple but powerful High-Low indicator plots price extremes. Either it’s an exhausting sign or a continuation sign of the trend. The color of the cloud determines the trend, and the height of the peaks determines the strength in the price moves. You can easily compare current peaks with historical ones to understand the current dynamics and what might happen next.
This indicator is a must if you want to understand price dynamics in the market. The indicator is perfect to combine with other indicators to confirm the signal.
For example:
Combine it with trend lines/Channels/Bollinger Band, you name it! If the indicator peaks in conjunction with that the price reaches a trend line/Channels/Bollinger Band. It's a great sign!
HOW TO USE
1. Look for a signal
2. Identify the color and height of the peak. Compare it to historical ones to get an understanding of the current market dynamics.
3. Combine the indicator with e.g. trend lines/Channels/Bollinger Band
4. Consider Enter the market.
INDICATOR IN ACTION
BTCUSD
BTCUSD
BTCUSD
Wall Street
EURJPY
EURUSD
GOLD
I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continue to work on this indicator, so please share your experience and feedback with me so that I can continuously improve it. Thanks to everyone that have contacted me regarding my scripts. Your feedback is valuable for future developments!
ACCESS THE INDICATOR
• Contact me on TradingView or use the links below
-----------------
Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/ideas are only for educational purposes!
High-Low Index
High/Low Weekly TimeframeI'm testing a simple but useful indicator that plots the high and low for the current week. The time-frame can be selected by the user.
It's useful when you're trading in a smaller time-frame (example: 1H or 4H) to know exactly the weekly low and high, and whether the price breaks above or below this price lines.
This indicator allows you:
- To select the desired time-frame to get the Low and High.
- To print an optional EMA for the same time-frame.
- To optionally change the bar-color when the close price crosses above the weekly high or crosses below the weekly low.
Hope this helps you to visually identify price movements.
If you like this script please give me a like and comment below.
Thanks,
Rodrigo
360D_TradersStreamThis is a Ultimate Tool for Trading. This tool includes
1. MA = In that you will find EMA & SMA
2. MA Length = It's Length of MA
3. Explosive Leg-out Strength = It's Explosive Candles Strength
4. RBR Pattern = Up to 6 Bases and you can minimize Base Qty.
5. DBD Pattern, DBR Pattern & RBD Pattern as we mentioned above
6. Curve Time Frame = Choose this thing so, tool can know what is your curve accordingly this it will judge your ITF & LTF
7. High of the Curve & Low of the Curve = Please enter manually the no.'s of your Upper curve & lower curve. and when changing chart don't forget make it "0"
8. Trend @ ITF = Choose your Trend. (Please choose your Trend from your ITF Time frame, to get better results)
9. Intraday Risk in % & Swing Risk in % = Calculates as per DATR
10. 1st Symbol & 2nd Symbol = To have other stocks price in your chart.
11. Tick for White Label & Un-tick for Black Label
12. Explosive Candle & Basing Candle = Tick to view Explosive & Boring candle in zone formations & Untick hide the indication
13. And finally you can change Labels Size as per your requirement,
High Low of Custom Timeframes by Theoris Normal indicator for show
High - Low of Custom timeframe ( default is Day timeframe )
show label with custom Color text
and show the value of High, low.
#HOD #LOD
[RD] Easy Fibonacci Channels==================================================================
October 21 2019 - Easy Fibonacci Channels - by RootDuk
==================================================================
Easy adaptable fibonacci channels. By changing the levels you can adapt
the lines as needed. There's also global params to use for horizontal and
vertical scaling.
===================================================================
Notes
===================================================================
None so far
===================================================================
Updates
===================================================================
Non so far
Trade guide for MMSThis simple overview calculates the 25,50,75 and SL,TP levels when using the MMS strategy. It's meant to help you quickly make a decision whether to open a trade. You can quickly see if the 25% TP level will be hit before hitting a resistance zone. Likewise it makes it quick to set your TP alerts by clicking on the + icon on the right next to the colored lines.
HL30 SystemIndicator based on Joseph Fibonacci's HL30 trading system. Do not trade this indicator if you don't understand the system.
Once you understand the system and you are not in a consolidation zone you can take hint from two arrows.
1) Green Arrow Signals first sign to trade.
2) Yellow Arrow confirms the correct candle stick pair to trade with.
PIP Assassins Monday Highs & Lows as Support & ResistanceModification of existing Monday Highs & Lows
PIP Assassins Monday Candles Support & ResistanceRules Checklist
Before anything:
Check News for your pair.
Absolute Number 1* Use Monday Candles Support & Resistance rules below before proceeding
1. Find a fake Breakout (Head of the head and shoulder. A left shoulder should be always to the left)
2. Draw Fibs after you see retracement forming
3. Plot Support and resistance lines on 50% and 61.8%
4. Check past to see if these areas are strong support and resistance.
5. If Support & Resistance land on 50% or 61.8% on a Monday High or Low and on the left shoulder then go to step 6.
6. Determine Order Type based on direction
7. Place Limit order on your MT4 app
**How to use Monday Candles as Support & Resistance**
1. Check the Monday Highs and Lows
2. Wait for a candle to break and close outside of a Monday High or Low.
3. Set an alert for a the crossing of a candle at a Monday High or Low depending on the direction
of the market you want to see.
Look for imbalances in the market. its a missing right shoulder on a head and shoulder pattern
[RD] HLGO - GANN fibonacci (square/box, based on bars, h&l)==================================================================
Sept 24 - 2019 - HLGO - GANN V1
==================================================================
==================================================================
Description
==================================================================
Script to plot a gann related model (square / box ), try the different params.
Next version will be a time based version. Current version uses bars
(aka bar_index) so it can't plot beyond the last bar accept by extending
===================================================================
Version : v1 (notes
===================================================================
NaN
===================================================================
PLEASE -TIP- (we are trying to raise ₿100 to educate the wales)
===================================================================
BTC: 1C7sk3x8o2sX5eBV5HSz3KAgXJJ3FsF2Mo
ETH: 0xa14f3059EcDAE4aEe2E17826033E1D2C7e83233e
BNB: bnb1kwe3hqp4e8ch02ruhpclau4tvf0enzzh5tc2e3
Use On Renko Chart - Cheap Entry Signals HI BIG PLAYERS,
in according of an enquiry from an user of tradingview I coded this script for free.
This script allows to identify a trend on the basis of higher high & higher low and lower high & lower low. And only after this fulfill conditions the entry signal comes out. The enquiry relates to Renko-charts, this is why it was build more usable on Renko-Charts.
In addition, it is possible to choise yourself the view of highest/lowest peaks and signals in the options.
Please give me a like to this indicator and of course: you are invited to follow me or visit my other scripts in relation to Wolfe Wave and Elliott Wave.
King regards
NXT2017
Trading Range ExpansionThis script is trading for the false breakout of the trading range. Once the price makes a break out and get rejected back into the range. The signal triggered for the opposite direction.
Timelines-Buschi
English:
This is a little, simple script I made upon request from a user.
It shows the highs ad lows of up to three custom timelines (e. g. 60 min, 30 min and 15 min) within a chart.
Deutsch:
Dies ist ein kleines, einfaches Skript, das ich auf Anfrage eines Nutzers erstellt habe.
Es zeigt die Hochs und Tiefs von bis zu drei individueller Zeitreihen (z. B. 60 min, 30 min und 15 min) innerhalb eines Charts.
Week High MTFSimple script to plot weekly data into your chart and as example how MTF works in pine script.
I use it for the 52 week high but you can choose other sources as well f.e. HL2 or close to reduce noise from wicks, also define your own length.
Liquidation Points for 50 and 100 Leverage V1First basic cut for all those who get liquidated.
The theory behind the liquidation system for Bitmex, shows an estimate where other trader's liquidation prices might be and ultimately how one can exploit other trader's losses for one's own gain.
I have left the code for the x25 leverage level if you wish to use.
If you wish to understand the theory more go to www.youtube.com
I have used vitvlkv’s Day/Low Code to assist in the calculations -
If somebody could improve on this. It would be great. Thanks
[RD] LCS - line channels (basic) v3 - [republish]==================================================================
July 18 2019 - LCS - line channels (basic) by RootDuk
Version : v3 - read the notes
==================================================================
Easy script to draw channels based on ie. GANN using the following
input params
- ibback : barsback to search for high and low
- ffactor : factor to up/downscale the lines
- oextend : extend lines, left, right, both, none
- bshowline : show horizontal lines yes/no
- bsshowdown : show diag down lines yes/no
- bsshowup : show diag up lines yes/no
- bshowindm : show index marker, where is you current ibback
===================================================================
Notes
===================================================================
When you use this code, pls let me know where and how you used it
as iam always curious what some can do with it. Thanks!
===================================================================
Updates
===================================================================
v1
v2 - July 17 2019
- Removed support wallets from source code. I think the source
- has been deleted because of this, find no other clue.
v3 - July 18 2019
- Republish
